Private medical insurance is a very useful policy to take out, yet the range of policies available means that you should ensure the terms and conditions meet your specific requirements
The origin of private medical insurance goes back a long way– before the NHS was formed. In pre-NHS days, people contributed to “friendly societies”, which provided financial assistance to people in times of need. Some private medical insurance providers, such as BUPA, remain non-profit-distributing bodies, though there are also many commercial insurance companies providing private medical insurance these days. christian cost share insurance One of the best-known names in private medical insurance cover is AXA PPP healthcare
Both individual health and dental insurance plans have confusing, yet important, abbreviations. Below is an explanation of each to help you learn the things you need to know about individual health and dental insurance plans.
Health Maintenance Organization (HMO): An HMO is a health insurance plan that allows you to choose a primary care physician who will act as your “go between” in the event you need to see a medical specialist outside of your primary care physician’s field. broker for health insurance near me If you have an HMO health insurance plan, you “prepay” for services rather than pay a deductible.
Preferred Provider Organization (PPO): PPOs are available with both individual health insurance plans and dental insurance plans. Like an HMO, a PPO lets you choose your doctor or dentist within a particular network. Unlike an HMO, you only pay for the services you are given by the doctor or dentist.
Point of Service (POS): A POS is a health insurance plan that combines features from HMOs and PPOs. Like an HMO, there is usually no deductible, low co-pay, and a primary care physician. Like a POS, you’re allowed to go out of the network of doctors, in which case you’ll pay a deductible and possibly higher co-pay.
Indemnity Plan (IP): The IP is a very popular dental insurance plan. Coverage is limited, but you usually have the option of choosing your own dentist, which actually helps you save money.
Dental Health Maintenance Organization (DHMO): After paying one annual premium, a DHMO guarantees a certain number of visits, though it doesn’t allow you to choose your dentist.
Dental Discount Plan (DDP): Although a DDP isn’t a traditional dental health insurance plan, you can get discounts from dentists who agree to participate in the plan. There’s no limit and you choose your own dentist.
Rather than let abbreviations complicate things, learn the meanings to easier find the right individual health and dental insurance plans for you.
The principal aim of private medical insurance is designed to cover treatment of “acute illness”– defined by Which? As “conditions which can be cured or substantially alleviated by treatment.” Treatment of chronic illnesses, such as multiple sclerosis or arthritis, may not be covered by private medical;critical illness online quote so critical illness insurance might be more suitable. Critical insurance cover will be based on your individual requirements– so shop around for the right policy and always be completely open with your insurance provider, or you may invalidate a claim at a later date.
Other treatments generally excluded from private medical insurance include cosmetic surgery, treatment for alcohol or drug abuse and infertility treatment. accidental death quotes The majority of standard policies exclude private consultations of a GP, routine check-ups and dental work– unless it is undertaken in a hospital. However, always check your private medical insurance policy– as some will be more comprehensive than others.
Private medical insurance can be an effective way of ensuring swift access to medical care for your family. Just remember that insurance policies reflect your exact circumstances– so don’t assume that one size fits all.
In a recent survey of the most wanted work benefits and perks, health insurance was at the top of the list. That’s only to be expected. Everyone knows that you need health insurance. It might come as a surprise, though, that the second most desired work benefit is dental insurance. Why is dental insurance so important and necessary?
Anyone who has ever suffered a toothache can tell you that when your teeth hurt, your whole world seems to become one throbbing, aching tooth. There are few things that can disrupt your day more than a bad tooth. And yet, most people don’t consider dental insurance to be that important– and major employers are only just starting to realize what a potent piece of their employee benefit dental insurance is. Dental health is far more important than most people realize, and doctors are realizing that more and more each day.
Dental health is closely tied to overall physical health in ways that most people are only beginning to realize. Gingivitis– infection of the soft tissues of the mouth– can easily become systemic infection that requires hospitalization. Misaligned teeth can cause neck pain and headache, and broken teeth can open the way to opportunistic infections that can, in the worst-case scenario, be fatal. Neglecting your teeth is neglecting your health.
Without dental insurance, many adults neglect routine dental care because it’s simply too expensive. A simple filling averages $125-$200 depending where in the country you live. Routine examinations and cleanings– recommended at least once a year for adults– average $75 and up, and a full set of dental x-rays can easily cost over $200. The cost for emergency services is even higher. A root canal– one of the most common oral surgeries– can approach $1,000. And cosmetic dentistry– from whitening teeth to full replacement bridges– averages $1500 to $3000, depending on the procedure.
Good dental insurance reduces the cost of routine dental care, often paying in full for one set of x-rays and a cleaning each year. That routine care can prevent many of the more expensive emergencies. Even more important, routine dental examinations can often turn up the first signs of more serious health problems– the first signs of illnesses like diabetes are often found in your mouth. Comprehensive dental insurance is one of the key ingredients in good health care.
Is dental insurance really necessary? The answer is an unqualified yes.